DENVER -- Outfielder-first baseman Tyler Colvin, coming off a strong season with semi-regular playing time in 2012, avoided arbitration by agreeing to a one-year contract on Friday, the Rockies announced.

Colvin's signing of a deal that, according to a source, was worth $2.275 million, came on the day that teams and clubs were to submit their salary offers and requests as part of the arbitration process. The signings of Colvin and, earlier this week, right-handed setup man Wilton Lopez (one year, $1.7625 million) and left-hander Josh Outman ($675,000), leave the Rockies with three arbitration-eligible players: center fielder Dexter Fowler, right-hander Jhoulys Chacin and infielder Jonathan Herrera.

Colvin, 27, came to the Rockies in a trade with the Cubs last offseason, and played all three outfield positions and first base either filling in for injured players, getting a chance while another player slumped or, simply, because he was hot at the time. He finished with a .290 batting average, 18 home runs, 27 doubles, 10 triples and 72 RBIs in 136 games.

In doing so, Colvin re-established his value. A first-round pick of the Cubs in the 2006 First-Year Player Draft, he hit .254 with 20 home runs as a rookie in 2010, but dipped to .150 with six homers in 2011. After the season, the Cubs' new management dealt him and infielder DJ LeMahieu to the Rockies for third baseman Ian Stewart and Minor League relief pitcher Casey Weathers.